Acquire to Retire with Capital Projects white paper

Summary:

We frequently get asked by our customers about capitalization capabilities in Oracle Fusion Cloud Project Management. We’d like to re-introduce Capital Projects and provide more information about this ever-improving feature of Project Management in one document.  

Content:

Track capital project costs such as asset and retirement costs, using Project Management. Capture the costs in Project Management from multiple Oracle Cloud ERP sources such as Payables, Expenses, Time & Labor, or Inventory. In addition, import miscellaneous costs from external sources.

If you are managing capital projects and building Construction-in-Progress assets, use the Capital Projects process in Project Management. You can create CIP project assets to accumulate costs for fixed assets that are being built, installed, or acquired. Additionally, you can create retirement adjustment assets for group assets to collect cost of removal and proceeds of sale amounts. Calculate simple or compound interest on either the total CIP amount or the open CIP amount in Project Management.